7/22 Mon 05:03 ET
• PBOC cuts rates. One-year prime loan 3.45% → 3.35%, five-year LPR 3.95% →3.85%. Chinese bond yields extend the fall since Dec 2023
• Biden quits race. Harris seeks Democrat nomination, carries-on $98mn of cash reserve of the campaign committee
• Trump… pic.twitter.com/quEvk07N3Q

— Ecoa Notes (@mestonecoa) July 22, 2024